The Emotional Impact of Divorce on Children and How to Support Them
Discover the emotional toll divorce takes on children and effective ways for parents to provide support. Learn about the most common effects divorce has on mental health, academics, and behavior for children of all ages. Divorce affects children differently, but it has the potential to contribute to mental health issues,
The Effect of Long-Term Marriages on Spousal Support Calculations
In long-term marriages, spousal support is a significant aspect of divorce proceedings. Typically, the length of the marriage directly influences the duration and amount of spousal support. Longer marriages usually see higher and more prolonged support payments. This is because longer marriages often involve one partner sacrificing career advancement for
How to Manage Joint Educational Decisions Post-Divorce
In the midst of a divorce, it's vital for parents to grasp the weight of making educational decisions together. These choices can significantly impact a child's future, both academically and emotionally. When separated or divorced, maintaining a united front in educational matters becomes more challenging, yet it remains a critical
Post-Divorce Relocation: Legal Considerations and Custody Modifications
According to the US Census Bureau, more than 8 million Americans moved to a different state in 2022. When a parent decides to relocate after a divorce, it impacts existing custody agreements. The process of adjusting these agreements depends on various factors, including the distance of the move and how
Untying the Knot: Key Steps in High Net Worth Divorce Settlements
In a twist of fate, Jamie McCourt's childhood aspiration to own a baseball team became a harsh reality as she found herself entrenched in a contentious divorce shaped up to be one of the most expensive in California history. The dispute, involving her and ex-husband Frank McCourt, centered on the
Cryptocurrency’s Impact on Divorce: How to Handle Digital Assets Fairly
The current trial of FTX founder Sam Bankman-Fried has highlighted the controversial aspects of cryptocurrency trading. However, in recent years, cryptocurrency has not only disrupted financial markets but also entered the realm of divorce proceedings. As digital assets like Bitcoin and Ethereum gain popularity, couples find themselves facing new challenges
The Power of Mediation: Resolving Disputes Amicably in Divorce Cases
Divorce often conjures images of heated courtroom battles and emotional turmoil. However, there exists an alternative approach aiming for a more peaceful resolution: mediation. In mediation, a neutral third party facilitates discussions between both parties involved in a divorce. Unlike traditional litigation, where decisions are made by a judge, mediation
Overcoming Challenges in Gray Divorce: Legal and Financial Insights
A recent study in the Journal of Gerontology highlights an increase in divorce among older adults over recent decades. Currently, nearly four in ten individuals in the U.S. who are going through a divorce are 50 years of age or older. Intriguingly, the segment experiencing a rising rate of divorce
Dissolving the Partnership: Legal Aspects of Divorce for Business Owners
When Bill and Melinda Gates announced their separation in 2021, many speculated about what would happen to the Bill and Melinda Gates Foundation - a philanthropic organization started by the couple worth billions of dollars. The Gateses surprised the public by pledging to continue running the organization together, with Melinda
The Legal Implications of Infidelity in California Divorce Cases
As much as celebrity divorces in California gather media attention - think of the Kardashian clan and Gwyneth Paltrow and Chris Martin’s “conscious uncoupling” - California actually has one of the lowest divorce rates in the United States. However, when an unfaithful spouse leads to the breakdown of a marriage,